Strengthening regional connectivity

Roman Wojdyla, general manager of Home Credit Consumer Finance Co Ltd

A1 We have witnessed the tremendous achievements since the initiative has been proposed, and we believe that the international community will continue to support and actively participate in this great action. For foreign enterprises from areas and regions related to the BRI, the initiative is the biggest attraction in itself. As the initiative is being developed, there will be more and more opportunities in terms of market, investment, green growth and external cooperation. And the economies related to the BRI will benefit from it.

A2 Definitely yes! For global economic growth as well as free trade and investment promotion, the BRI will generate win-win results of globalization. The initiative brings not only the development of free trade for many countries, but also cooperation in many fields, such as infrastructure, finance, technology and culture exchange.

The BRI also helps to continuously lift the restrictions on foreign investment in China, especially the market access threshold in industries and the limitation on the proportion of foreign investment in some sectors, which allows more space for the development of foreign investment in China. In addition, the legal environment has become more standardized, transparent and fair, which provides more convenience and reliable conditions for foreign investors in China.

A3 In recent years, Home Credit has reached a strategic partnership with OPPO and other Chinese smartphone brands and digital product producers, providing them with consumer finance solutions, which cover the entire process of loans, consumption, payment and credit system construction, to help them rapidly exploit the markets that the BRI targets and to drive purchases of "Made in China" products in multiple Southeast Asian markets. The collaboration has yielded pleasant results.

A4 China boasts a world-class business environment, and the deepened reform and opening-up of the financial industry will attract more high-quality foreign investment to China. In this case, foreign financial firms, together with Chinese enterprises, can provide inclusive financial services for Chinese consumers, support to promote consumption upgrade, and make the Chinese market more energetic.

A5 Located in Europe, the Czech Republic is an important country related to the BRI. As one of the representative enterprises of the Czech Republic, Home Credit has always been engaged with the Belt and Road Initiative. With the vision of building financial inclusiveness, Home Credit has also been trying to make more "Made in China" brands known by the economies involved in the BRI. In the future, Home Credit will continue to join hands with Chinese enterprises to continuously bring quality products and services to more consumers.